Location
Direct access to Kabakum Beach.
Hotel real estate · Kabakum · API-004
Beachfront family hotel. Varna. Bulgaria. Kabakum Beach.
An operating family hotel on Kabakum Beach near Varna, with seven guest rooms, one family suite, a restaurant, bar, professional kitchen and sea-view terrace.
Available · 2 000 000 €
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Key facts
7guest rooms
1family suite
BeachfrontKabakum Beach
Restaurantkitchen, bar and terrace
Investment highlights
Accommodation
Seven rooms and one family suite; dimensions and layouts require confirmation.
Food and beverage
Professional kitchen, restaurant with fireplace, bar and sea-view terrace.
Potential uses
A small hotel business or private residence, subject to confirmation of the permitted use.
Key facts
- Asking price
- €2 000 000
- Property type
- Family hotel complex
- Accommodation
- 7 rooms and 1 family suite
- Restaurant
- Fireplace, bar and professional kitchen
- Additional facilities
- Sauna and sea-view terrace
- Beach access
- Direct access
- Historical revenue / EBITDA
- To be requested and verified
- Building and land area
- To be requested and verified
Financial model
Three illustrative scenarios for eight accommodation units at an asking price of €2 000 000. These figures are modelling assumptions, not the hotel’s historical accounts.
| Metric | Conservative | Base case | Optimistic |
|---|---|---|---|
| Operating days/year | 180 | 210 | 240 |
| Average occupancy | 55% | 65% | 75% |
| Average daily room rate (ADR) | 110 € | 145 € | 170 € |
| Room revenue | 87 120 € | 158 340 € | 244 800 € |
| Restaurant and bar revenue | 55 000 € | 110 000 € | 170 000 € |
| Other revenue | 6 000 € | 12 000 € | 18 000 € |
| Total revenue | 148 120 € | 280 340 € | 432 800 € |
| Operating expenses | 115 534 € | 196 238 € | 281 320 € |
| EBITDA | 32 586 € | 84 102 € | 151 480 € |
| EBITDA / asking price | 1.6% | 4.2% | 7.6% |
| Illustrative payback, years | 61.4 | 23.8 | 13.2 |
Room revenue = 8 units × operating days × occupancy × ADR. EBITDA = total revenue − operating expenses. EBITDA / asking price = EBITDA ÷ €2 000 000. Illustrative payback = €2 000 000 ÷ EBITDA. These indicators exclude taxes, loan interest, capital expenditure, transaction costs and working capital; they are not investor cash flow. Expenses assume 78%, 70% and 65% of revenue in the respective scenarios. No evidence of these margins is supplied.
SEND ENQUIRYReview status
An initial review of ownership documents and the legal status of the property’s components has been conducted.
To receive a detailed opinion and document package, please contact the specialists at ALFA PRO EXPERT EOOD.
SEND ENQUIRYEconomics and transaction scope
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